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texas, ms. jackson lee, for five minutes. ms. jackson lee: i ask unanimous consent to revise and extend. the speaker pro tempore: without objection. ms. jackson lee: mr. speaker, i have always had such great respect for this distinguished body. the holder and interpreter of democracy. the institution that proudly protects the constitution that was written by those who saw in this land this bright and shining sun, from sea to shining sea, enormous opportunity for freedom. so many people came to this nation and they came in many different ways. we don't carry the way we came into the future as much as the fact that we are grateful of the opportunity that this nation has given us. the nation has been able to turn the tide on embracing democracy in its fullest because of the constitution and the laws because we adhere to the three branches of government. so although my ancestors came to this nation in bondage and lasted for hundreds of years, slavery that has its remnants continuously as we move throughout society. there are now laws that can ensure no matter how you came to this country, n
't think so. and with that i'd like to yield to my good friend and colleague from texas, sheila jackson lee. ms. jackson lee: let me thank the gentlelady from maryland and thank her for her leadership. this is a very important statement today because i was on the floor earlier this morning and said that we should not go home, we should stay here. i'll say it again, we should not go home. we should stay here. all the chatter of disagreement and accusations and blame games, what should be the message to the american people is, in fact, that we are committed to find some form of common ground. common ground is enormously challenging when there is no give from my republican friends. i do want to applaud congresswoman today that the violence against women act was passed because of democrats championing the right direction so that immigrant women, so that lgbt community, and so that native americans could be specifically covered, which as a lawyer is what the law is all about. fuzzy legislation cannot work, but when you specifically designate in law the protection of these groups, then you have b
argued about it. there was a second bank of the united states that was created. andrew jackson basically ended its charter. there's a long history of mistrust in parts of the united states about the central bank and what it does. back in the jefferson and hamilton days, a lot of the farm state bankers did not trust the first bank of the united states. there is a federal reserve board in washington made up of seven governors and chairman who is ben bernanke. then there are 12 regional fed banks. they're all part of this federal reserve system. the regional fed bank, every chartered bank of the united states has to pay in capital to the federal reserve banks and in return they get a dividend. but these are not banks the way we think of commercial banks. the federal reserve bank of new york is not like citigroup out there trying to earn big profits to return to shareholders. their job is to manage the money supply. it is also to be a lender of last resort in a crisis, which is what the federal reserve did in 2007. when there is a run on a bank, when depositors flee the banking system becaus
. the clerk: leave of absence requested for mr. culberson of texas for today, and ms. jackson lee of texas for today. the speaker pro tempore: without objection, the requests are granted. under the speaker's announced policy of january 3, 2013, the gentleman from arizona, mr. franks, is recognized for 60 minutes as the designee of the majority leader. mr. franks: i thank you, mr. speaker. mr. speaker, my comments today are heavily contribute to from author of the nature of war, ron tyra. i want to acknowledge him. he's a noted military expert, noted national security expert, and i appreciate so very much his seminal contribution to these comments. mr. speaker, a nuclear iran poses a severe and unfamiliar risk to the united states and its allies. we have to be very careful not to mistakenly assume that a relatively stable balance of deterrence, similar to the nuclear equilibrium between the united states and the soviet union during the cold war can be achieved with iran. a nuclear iran represents a very different type of threat that simply cannot be managed. a nuclear iran would serve to in
Search Results 0 to 3 of about 4